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Perry Stands Firm. Obama Stands Mute – Arnold Ahlert

08/18/2011

Often the character of a man is revealed by what he says — or doesn’t say. In the first case, the chasm between ordinary Americans and the ruling class, coupled their media apparatchiks on both sides of the aisle, is tremendously revealing. In the second case, irony abounds: the most loquacious man on the planet has had nothing to say about two of the more pressing issues of the day. As luck would have it, both men are running for president.

First, what was said. Texas Governor Rick Perry apparently reaped the ruling class whirlwind for daring to suggest that Fed Chairman Ben Bernanke has been less than responsible with the nation’s money supply. “If this guy prints more money between now and the election, I don’t know what y’all will do to him in Iowa, but we would treat him pretty ugly down in Texas,” Perry said referring to Bernanke. “Printing more money to play politics at this particular time in American history is almost treacherous, treasonous in my opinion,” he added.

On the squishy right, Karl Rove was upset. “You don’t accuse the chairman of the Federal Reserve of being a traitor to his country,” he whined. The NY Post’s John Podhoretz contended Perry “looked like kind of a jerk.” On the left, NY Times correspondent Binyamin Appelbaum called it “horrifying” and Politico’s Brent Budowsky predicted that Perry “will self-destruct within 30 days.”

You know what else is being destroyed? The dollar itself — courtesy of Fed Chairman Ben Bernanke. The same Ben Bernanke who announced last week that interest rates would be kept at essentially zero until 2013. The same Ben Bernanke whose “quantitative easing” policy was another incarnation of the same Keynesian “stimulus” that has done exactly jack to get this country back on track.

For QE2, Ben increased the money supply by a cool $600 billion. For those who understand Economics 101, as in, when you make more of something, each piece of it is worth less, it is no secret that QE2 is one of the principal reasons the price of everything, but most especially food and fuel, went on a tear for the last year or so.

Read more at JewishWorldReview.

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